Vivaldi Capital Management LP Buys 943 Shares of Global X E-Commerce ETF (NASDAQ:EBIZ)

Vivaldi Capital Management LP increased its holdings in Global X E-Commerce ETF (NASDAQ:EBIZ) by 9.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,184 shares of the company’s stock after purchasing an additional 943 shares during the period. Vivaldi Capital Management LP owned approximately 0.46% of Global X E-Commerce ETF worth $329,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in EBIZ. LPL Financial LLC boosted its stake in shares of Global X E-Commerce ETF by 26.3% in the 4th quarter. LPL Financial LLC now owns 15,537 shares of the company’s stock valued at $431,000 after purchasing an additional 3,239 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Global X E-Commerce ETF by 15.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,459 shares of the company’s stock valued at $457,000 after buying an additional 2,248 shares during the period. Finally, Cetera Investment Advisers boosted its position in Global X E-Commerce ETF by 31.4% during the 4th quarter. Cetera Investment Advisers now owns 24,779 shares of the company’s stock valued at $687,000 after buying an additional 5,920 shares during the period.

Global X E-Commerce ETF Stock Down 0.1%

Shares of EBIZ opened at $30.35 on Tuesday. The stock has a market capitalization of $74.65 million, a P/E ratio of 21.71 and a beta of 1.24. The firm has a fifty day simple moving average of $27.74 and a two-hundred day simple moving average of $28.55. Global X E-Commerce ETF has a twelve month low of $21.35 and a twelve month high of $32.37.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.